UBS Group AG Buys 68,929 Shares of TransUnion (TRU)

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UBS Group AG lifted its stake in TransUnion (NYSE:TRU) by 71.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 165,079 shares of the business services provider’s stock after purchasing an additional 68,929 shares during the quarter. UBS Group AG owned about 0.09% of TransUnion worth $9,373,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the company. New York State Teachers Retirement System lifted its stake in shares of TransUnion by 6.0% during the 1st quarter. New York State Teachers Retirement System now owns 14,200 shares of the business services provider’s stock worth $806,000 after acquiring an additional 800 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its stake in shares of TransUnion by 3.6% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 24,672 shares of the business services provider’s stock worth $1,401,000 after acquiring an additional 855 shares during the last quarter. US Bancorp DE lifted its stake in shares of TransUnion by 5.9% during the 1st quarter. US Bancorp DE now owns 17,334 shares of the business services provider’s stock worth $984,000 after acquiring an additional 964 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in shares of TransUnion by 2.1% during the 1st quarter. Great West Life Assurance Co. Can now owns 51,056 shares of the business services provider’s stock worth $2,900,000 after acquiring an additional 1,049 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in shares of TransUnion by 0.7% during the 1st quarter. Asset Management One Co. Ltd. now owns 236,782 shares of the business services provider’s stock worth $13,444,000 after acquiring an additional 1,633 shares during the last quarter. Hedge funds and other institutional investors own 98.18% of the company’s stock.

In other news, CFO Todd M. Cello sold 619 shares of TransUnion stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $71.26, for a total value of $44,109.94. Following the transaction, the chief financial officer now directly owns 28,907 shares in the company, valued at approximately $2,059,912.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James M. Peck sold 209,500 shares of TransUnion stock in a transaction on Friday, April 27th. The shares were sold at an average price of $64.64, for a total value of $13,542,080.00. Following the completion of the transaction, the insider now owns 467,127 shares in the company, valued at $30,195,089.28. The disclosure for this sale can be found here. Insiders sold a total of 314,731 shares of company stock worth $20,913,898 over the last quarter. Company insiders own 2.10% of the company’s stock.

Shares of TransUnion opened at $71.52 on Friday, Marketbeat Ratings reports. TransUnion has a 12-month low of $41.07 and a 12-month high of $73.22. The firm has a market capitalization of $13.17 billion, a PE ratio of 41.82, a P/E/G ratio of 3.23 and a beta of 0.73. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.21.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.07. TransUnion had a return on equity of 20.95% and a net margin of 22.41%. The business had revenue of $537.40 million for the quarter, compared to the consensus estimate of $507.68 million. During the same period last year, the business posted $0.42 EPS. The business’s revenue was up 18.1% compared to the same quarter last year. equities research analysts forecast that TransUnion will post 2.22 EPS for the current year.

The business also recently declared a special dividend, which was paid on Thursday, June 7th. Stockholders of record on Wednesday, May 23rd were issued a $0.075 dividend. The ex-dividend date of this dividend was Tuesday, May 22nd. TransUnion’s dividend payout ratio is presently 17.54%.

A number of equities research analysts recently issued reports on the company. Evercore ISI began coverage on TransUnion in a research note on Tuesday. They set a “buy” rating and a $80.00 price target for the company. Zacks Investment Research lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Monday. Robert W. Baird lifted their target price on TransUnion from $65.00 to $74.00 and gave the company an “outperform” rating in a research report on Monday, April 23rd. SunTrust Banks lifted their target price on TransUnion from $64.00 to $78.00 and gave the company a “buy” rating in a research report on Monday, April 23rd. Finally, Barclays lifted their target price on TransUnion from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, April 23rd. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $67.75.

TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

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Institutional Ownership by Quarter for TransUnion (NYSE:TRU)

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